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Eric Wong

Eric Wong

Managing Director, Canada Wood China

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China Economy Update

China Economic Update

China’s economy continued to slow in 2019, with Q1 GDP growth at 6.4%, compared to 6.6% in 2018. However, the growth is slightly higher than market expectations. This is attributed to higher factory production, which has benefited from… more

China Economy Update

China Economic Update

2018 Q4 highlights:

China’s economic growth edged down in Q4 2018 year-on-year due to weak investment and faltering consumer confidence, which led to the weakest annual growth in 2018 within the past 28 years; GDP in Q4 2018 grew 6.4… more

China Economic Update

China to Reduce Wood Import Tariffs November 1
2018 Q3 highlights:

China’s GDP hit the lowest growth in September (6.5%) since the first quarter of 2009 during the global financial crisis and missed market consensus of 6.6%.i
China… more

China Economic Update

2018 Q2 highlights:

China has posted its Q2 GDP growth of 6.7%, slightly lower than 6.8 percent in Q1 of 2018. Tighter financial conditions (such as authorities continue to demolish on shadow banking and back up financial deleveraging)… more